Thursday, July 1, 2021

This week settlement

Interesting...

Bank Nifty call premium eroded 700 points....whereas Put Moved closing basis in last 4 trading session appr.30 points...

Hence, today... I fixed small target 47 points with strict trailing s/l... due to Put Option not formed new high today, though call moved downwards very fast...

See the put option chart 30 points move (closing basis).... same dates check call premium...almost corrected 700 points....

Always keep s/l on settlement days.... otherwise, capital will be eroded.... you may be brilliant, but, s/l is must in trading...


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34800


Trailing s/l 52 executed......entered at 42.30......  89 not hit....(77.70 high formed)....




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